Vol. 8 No. 3, March 2009, Dateline

Delayed Tinian Project Now On Hold

By GGB Staff   Tue, Mar 03, 2009

A delayed and diminished casino resort project on Tinian Island in the Northern Marianas appears to be on hold indefinitely.
Bridge Investment Group LLC had originally planned to build a $200 million property on the island, but trimmed the investment to maximum $50 million last year.
Now, citing U.S. Department of Homeland Security policy that mandates a visa for visitors from China, Bridge Executive Vice President Phillip Mendiola-Long told the Saipan Tribune that construction has been halted “until a clear and final U.S. Immigration regulatory environment can be determined.”
The revised project, known as Tinian Oceanview Resort and Casino, calls for 128 hotel rooms, 268 condominium units and a 30,000-square-foot casino.
Tinian has a total of five casino licenses. The only casino built and operating is the Tinian Dynasty Hotel and Casino.
Two other licenses are held by Marianas Resort Development Corp. and Neo Gold Wings Paradise Saipan Corp.

By GGB Staff

GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.

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